Warsh is playing it differently from Powell: fewer clues, no dots, no promises. The next rate move comes down to the dat… | Longbridge

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Aug 29 at 12:49 AM

Warsh is playing it differently from Powell: fewer clues, no dots, no promises. The next rate move comes down to the data—and markets have to guess.

Captain's Watch

Jackson Hole: 10 AM ET – Warsh's Words Could Move Markets.

PCE at 3.7% beat expectations unexpectedly, pushing the probability of no rate hike in September from 35% to 66%. Since Walsh took office, forward guidance has been scrapped and the dot plot abolished...

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